Faridabad property has peaked for real appreciation – change my mind.
Visited a few projects in Greater Faridabad and Neharpar area last weekend, like BPTP and Puri. Honestly, prices seem to have shot up quite a bit in the last year. I work in real estate, so I know the usual builder spiel, but for my own investment, I'm genuinely wondering if Faridabad ka market abhi bhi upar jayega ya it's near its peak? Especially with the Delhi-Mumbai Expressway and FNG progress, everyone's talking about appreciation. My budget is around ₹1 Cr for a 3BHK, maybe in Sector 80s ya Surajkund side. Should I still push for a purchase now, thinking long-term for 5-7 years, ya wait for a potential correction? What are your off-the-record thoughts? I'm looking for a self-use property but also want decent appreciation. Is it too late to get good ROI here, considering the current price levels? Would love to hear your honest experiences.
Comments
Bhai, peak toh lag raha hai. My friend bought in Sector 81 two years back for 70L, now builders are quoting 1.1 Cr for similar units. Kitna upar jayega aur? Self-use hai toh theek hai, but for pure investment, I have serious doubts. I'm seeing similar trends near Sector 85 too.
Exactly! Same feeling. Prices are just too high now to expect significant returns in 5-7 years.